Reborn since 1993

Chapter 1321 The Last Coin

Once the gold mine begins mining, it will continuously bring a large amount of gold to Dongling High-Tech.

In the future, selling Feiyan MP3 players might bring Dongling Hi-Tech tens of billions of dollars in revenue every year. Who dares to say it's impossible?
Fu Cheng nodded upon hearing Li Dongling's words. Feiyan Technology's marketing department had indeed been promoting the technology.

It's important to understand the mindset of users who buy Feiyan MP3 players. The quality, functionality, and performance of the device are the most basic requirements. If these are not up to standard, then saying anything more is just empty talk.

Beyond all these, the most important aspect of the Feiyan MP3 is its features and functions, which represent trends, fashion, and status, aligning with the tastes of celebrities and public figures. All of these combined constitute the trendy attributes of the Feiyan MP3.

"Besides promotion, we also need to secure the acquisition targets that Feiyan Technology has reserved as soon as possible!"

Li Dongling said that with Feiyan Technology's MP3 sales booming, Himalaya Music has the opportunity to access the copyright library of record giants, and Feiyan Technology's stock price will enter a surge mode.

At this point, it would be natural to take the opportunity to issue new shares and then start an acquisition spree to take over the desired acquisition targets!

After Fu Cheng left, Li Dongling was the only one left in the office. Li Dongling got up and stood in front of the floor-to-ceiling window of the office, where he could see the entire global headquarters of Dongling High-Tech.

If you stand on the other side of the office, you can see the entire Pingyang. Pingyang doesn't have many tall buildings yet, and the Oriental Tower, at 100 meters tall, is basically the tallest.

Regardless of the Oriental Tower's office function, it certainly provides maximum emotional value to the philanthropist Li.

Standing in front of the floor-to-ceiling window, Li Dongling took a few sips of tea and then dialed another number.

"Junior Brother Lü!"

The call was made to Lü Wenhua, the investment manager of the Zhixing Foundation and a fellow alumnus of Hanjiang University of Science and Technology with Li Dongling.

Lu Wenhua has not returned since arriving in America last winter.

He is in America, handling the Zhi Xing Foundation's internet business. He had previously sold Souxin to Disney, but the Zhi Xing Foundation still has a lot of internet company equity to deal with, so Lü Wenhua will need to stay in America for quite some time.

"How's it going in America?"

Li Dongling's gentle voice reached Lü Wenhua's ears. Lü Wenhua, who was in the middle of a meeting, made an excuse to come to an office.

"Currently, companies such as AOL, Excite, IAC, Lycos, News Corp., and Oracle are all quite interested in ASK search!"

"The internet market in America this year is better than last year," Lu Wenhua said to Li Dongling over the phone.

"Last year, Disney acquired Soxin and created its own portal brand, Go.com. Now, Go.com's monthly user traffic has ranked among the top fifteen websites in America!"

Driven by Go.com, Disney's stock price has risen for nearly four consecutive months, and Disney's performance has made many companies very interested in ASK search.

The Zhixing Foundation is currently in contact with several potential buyers, and their asking price for ASK Search is approaching four billion US dollars!

Lu Wenhua is currently selling ASK Search, an investment of the Zhixing Foundation, in America. The Zhixing Foundation holds 41% of ASK's shares, making it the largest shareholder and thus able to decide its fate.

The performance of the American internet sector this year can only be described as insane; any stock even remotely related to the internet has seen its value skyrocket.

Disney, in particular, has become a prime example. Since acquiring Soxin for $23.6 billion, Disney's stock price has been soaring.

Disney has put new wine in old bottles, announcing its plan to transform Go.com into a family entertainment portal. Whether it can succeed or not, Disney has certainly reaped the benefits of the internet boom, becoming the most internet-savvy company in the American media industry.

Since the acquisition, Disney's market capitalization has increased from over $40 billion to over $60 billion, and its stock price continues to soar. At this rate, Disney's stock price is expected to increase by more than 100% by the end of this year, which means its market capitalization will more than double, potentially reaching $90 billion!
The acquisition of Souxin only cost $23.6 billion, but the market value may increase from $40 billion to $90 billion. So, is this acquisition worth it?
Disney's move spurred countless established American companies and made them realize the true power of the internet. No matter what kind of company it is, as long as it is associated with the internet, its stock price and market value can rise!

How are other companies supposed to choose?

So when the Zhixing Foundation started selling ASK this year, it was like a hungry wolf pouncing on its prey.

A large number of companies, including those in software, media, and portal websites, have set their sights on ASK search.

Based on Disney's track record, as long as it acquires ASK and engages in some hype to convince the outside world that it is about to transform, its stock price will soar, and it will make a profit no matter how much it spent!
Under this trend of thinking, the acquisition price of ASK naturally rose. Buyers seemed to not regard the US dollar as money at all, since they could make back many times what they spent. Naturally, this caused the acquisition price of ASK to continue to soar.

"The sale of ASK is up to you, Junior Brother Lü. However, the sale of ASK's shares in other internet companies held by the Zhixing Foundation must be completed this year."

"After the acquisition is completed, the investment team of Zhixing Foundation should distribute all the bonuses they are entitled to!" Li Dongling said to Lü Wenhua. If ASK Search could be sold at a valuation of over four billion US dollars, it would be a huge profit for Zhixing Foundation.

Back then, investing in ASK only cost a few million dollars, but now, just by selling it, you can make a profit of 1.6 billion dollars. What more could you ask for?
Not to mention, the Zhixing Foundation also holds shares in GeoCities and Yahoo, two internet companies whose shares are more valuable than ASK.

For Lu Wenhua and the Zhixing Foundation's investment team, who earned huge profits for Li Dashan, Li Dashan will certainly not hesitate to reward them.

After saying a few words to Lü Wenhua, Li Dongling changed the subject and said to him, "Himalaya Music is negotiating with Warner Music about a copyright library collaboration."

"If Himalaya Music can acquire the copyright from Warner Music, the Zhixing Foundation will immediately sell its stake in Napster!"

Upon hearing this, a glint flashed in Lü Wenhua's eyes. He understood what Li Dongling meant: he was preparing to abandon Napster!
Once Napster obtains the copyright library of record companies, it loses its value to Himalaya Music.

The Zhixing Foundation initially supported Napster through a shell company in order to undermine the major record labels, and now, that goal is almost achieved.

The Zhixing Foundation naturally wanted to run away in advance, and before leaving, it was certain that it would cash out all of Napster's shares.

After all, Napster is currently valued at a staggering $36 billion, making it a Silicon Valley unicorn-level internet company. The Zhixing Foundation certainly can't let Napster's equity go to waste.

Many venture capital firms and Wall Street institutions are eyeing Napster and are betting on its IPO. Naturally, the Zhixing Foundation needs to sell Napster's shares to these gamblers, letting them suffocate for their dreams.

After explaining everything, Li Dongling hung up the phone. Regarding the Flying Goose 2, Li Dongling was actually more concerned about its ability to solve the weakness of the Himalaya music platform's copyright library than its sales volume.

Once this problem is solved, Feiyan MP3, together with Himalaya Music, will complete the closed loop of Apple's iPod and iTunes, and Feiyan will become a truly high-end MP3 brand, unshakable by any other brand, including... Steve Jobs and Apple!
……

The Flying Goose 2nd generation maintained its strong performance after its launch, achieving daily sales of 200,000 units for three consecutive days.

This led to a frenzy for Feiyan Technology's stock price and Dongke concept stocks, which are related to Feiyan 2. Feiyan Technology's stock price on Nasdaq soared by 36% in just three days.

Meanwhile, the stock prices of companies listed on the A-share market that are related to Dongling High-Tech have soared. The more Feiyan MP3 players are sold, the more orders these companies, which are in the Dongling High-Tech component supply chain, will receive, and their performance will naturally be even more outstanding.

Joining the celebration were Feiyan MP3 dealers, whose products were primarily distributed through domestic and international sales channels established by Dongling Hi-Tech.

With Feiyan MP3 players selling like hotcakes, these dealers naturally also made a fortune. As a Shenzhou exclusive store directly operated by Dongling High-Tech, they naturally followed the rules and simply sold the devices without hoarding or reselling them at inflated prices.

However, third-party distributors are different. Some of them start hoarding stock and are reluctant to sell, hoping to sell Feiyan MP3 players at a higher price after they run out of stock in the market.

Some distributors even went so far as to collude directly with scalpers.

Dongling Hi-Tech doesn't actually like these dealers who hoard goods and collude with scalpers, because users who buy overpriced goods end up complaining about Dongling Hi-Tech.

Therefore, Dongling Hi-Tech has been cracking down on these dealers and scalpers, but money can be tempting, and third-party dealers use more subtle methods, making it unrealistic to completely eliminate scalpers.

For three consecutive days, Feiyan MP3 shipments have exceeded 200,000 units, and the total shipments of Feiyan 2 have exceeded 700,000 units. According to reports, the stock of Feiyan 2 is around one million units.

That means that after tomorrow, the Flying Goose 2nd Generation may be out of stock!

In an instant, Dongling Hi-Tech's domestic and overseas distributors, as well as countless scalpers, all stared wide-eyed, waiting for the Feiyan to run out of stock, because for them, the real carnival was about to begin!

……

Yangcheng Department Store announces suspension of sales of Feiyan MP3 players!

"Several shopping malls in Guangzhou have announced that the Flying Goose 2 has sold out!"

When the news channel of Guangzhou TV reported that the Flying Goose 2nd Generation was starting to sell out in Guangzhou, a burst of cheers erupted from a villa.

Cao Taizheng watched the scalpers cheering inside the villa, and looking at the boxes of Feiyan MP3 players inside, he couldn't help but breathe a sigh of relief. He had won his gamble again this year!

While Cao Tai was celebrating, at the same time on eBay in America, the resale price of Feiyan MP3 players, whether STN or LCD screen versions, increased by 30%, and the price continued to rise every now and then.

The Oriental Times Shopping Mall Hotel in Pingyang is also fully booked, because staying here gives you the chance to buy a Feiyan MP3 player every day. Scalpers have practically monopolized the entire Oriental Times Shopping Mall Hotel!

(End of this chapter)